Question: Each account equation element is an _____. A debt is the _____ side of an account. A credit is the _____ side of an account.

Each account equation element is an _____. A debt is the _____ side of an account. A credit is the _____ side of an account. The excess of the debits over the credits of an asset account is the _____. Increases and decreases to an account follow the rules of debit and credit. Select the correct rules of debit and credit for each account.

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